Economic Risk in Hydrocarbon Exploration

Economic Risk in Hydrocarbon Exploration PDF Author: Ian Lerche
Publisher: Elsevier
ISBN: 0080505007
Category : Science
Languages : en
Pages : 404

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Book Description
Economic Risk in Hydrocarbon Exploration provides a total framework for assessing the uncertainties associated with exploration risk from beginning to end. Numerous examples with accompanying microcomputer algorithms illustrate how to quantitatively approach economic risk. The text compares detailed assumptions and models of economic risk, and presents numerical examples throughout to facilitate hands-on calculations using popular spread-sheet packages on personal computers. Covers economic risk from exploration through production models Brings methods to a level where all can be done on a PC Analyzes numerical examples from the real world Removes "mystery" from how economics is done Addresses assumptions in models and shows how they influence projections

Economic Risk in Hydrocarbon Exploration

Economic Risk in Hydrocarbon Exploration PDF Author: Ian Lerche
Publisher: Elsevier
ISBN: 0080505007
Category : Science
Languages : en
Pages : 404

Get Book

Book Description
Economic Risk in Hydrocarbon Exploration provides a total framework for assessing the uncertainties associated with exploration risk from beginning to end. Numerous examples with accompanying microcomputer algorithms illustrate how to quantitatively approach economic risk. The text compares detailed assumptions and models of economic risk, and presents numerical examples throughout to facilitate hands-on calculations using popular spread-sheet packages on personal computers. Covers economic risk from exploration through production models Brings methods to a level where all can be done on a PC Analyzes numerical examples from the real world Removes "mystery" from how economics is done Addresses assumptions in models and shows how they influence projections

Geological Risk and Uncertainty in Oil Exploration

Geological Risk and Uncertainty in Oil Exploration PDF Author: Ian Lerche
Publisher: Academic Press
ISBN: 9780124441743
Category : Science
Languages : en
Pages : 678

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Book Description
The subsequent incorporation of model uncertainties into probabilistic models of basin evolution and behavior constitutes the second half of this book. Throughout, the author interweaves a discussion of scientific probability, risk, and strategy within the context of improving our ability to assess strategic hydrocarbon resources.

Risk Analysis and Management of Petroleum Exploration Ventures

Risk Analysis and Management of Petroleum Exploration Ventures PDF Author: Peter R. Rose
Publisher:
ISBN:
Category : Petroleum
Languages : en
Pages : 192

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Book Description


Hydrocarbon Exploration and Production

Hydrocarbon Exploration and Production PDF Author: Frank Jahn
Publisher: Elsevier
ISBN: 9780080551456
Category : Technology & Engineering
Languages : en
Pages : 396

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Book Description
This book on hydrocarbon exploration and production is the first volume in the series Developments in Petroleum Science. The chapters are: The Field Life Cycle, Exploration, Drilling Engineering, Safety and The Environment, Reservoir Description, Volumetric Estimation, Field Appraisal, Reservoir Dynamic Behaviour, Well Dynamic Behaviour, Surface Facilities, Production Operations and Maintenance, Project and Contract Management, Petroleum Economics, Managing the Producing Field, and Decommissioning.

Petroleum Economics and Risk Analysis

Petroleum Economics and Risk Analysis PDF Author: Mark Cook
Publisher: Elsevier
ISBN: 0128232064
Category : Business & Economics
Languages : en
Pages : 368

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Book Description
Petroleum Economics and Risk Analysis: A Practical Guide to E&P Investment Decision-Making, Volume 69, is a practical guide to the economic evaluation, risk evaluation and decision analysis of oil and gas projects through all stages of the asset lifecycle, from exploration to late life opportunities. This book will help readers understand and make decisions with regard to petroleum investment, portfolio analysis, discounting, profitability indicators, decision tree analysis, reserves accounting, exploration and production (E&P) project evaluation, and E&P asset evaluation. Includes case studies and full color illustrations for practical application Arranged to reflect lifecycle structure, from exploration through to decommissioning Demonstrates industry-standard decision-making techniques as applied to petroleum investments in the oil and gas industry

Inverse and Risking Methods in Hydrocarbon Exploration

Inverse and Risking Methods in Hydrocarbon Exploration PDF Author: Ian Lerche
Publisher: multi-science publishing
ISBN: 9780906522325
Category : Science
Languages : en
Pages : 522

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Book Description
This book looks at how modern developments have enhanced the utility of basin analysis in hydrocarbon exploration. A major factor is modern computing power, which enables complex Monte Carlo-type calculations to be rapidly carried out; a second is the transfer of concepts from the economic arena to the theatre of hydrocarbon production, for example setting risking procedures to cope with data uncertainties. In addition now there are available powerful methods for handling the determination of parameters in the highly non-linear world of equations describing various facets of basin analysis. Th.

An Introduction to Exploration Economics

An Introduction to Exploration Economics PDF Author: R. E. Megill
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 200

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Book Description


Economic Problems Related to Oil and Gas Exploration

Economic Problems Related to Oil and Gas Exploration PDF Author: Maurice Mainguy
Publisher: Institute of Southeast Asian
ISBN:
Category : Business & Economics
Languages : en
Pages : 54

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Book Description
Reviews problems related to the economics of petroleum exploration. Chapter 1, a general discussion and introduction, looks into the taxation of producers' surplus and the return on risk investment. Chapter 2 relates the subject to Asia. Chapters 3 and 4 examines China's potential and the future of oil and gas in east Asia respectively. The epilogue makes observations on the world future of hydrocarbons.

Computing Risk for Oil Prospects: Principles and Programs

Computing Risk for Oil Prospects: Principles and Programs PDF Author: J.W. Harbaugh
Publisher: Elsevier
ISBN: 9780080529509
Category : Science
Languages : en
Pages : 451

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Book Description
The petroleum industry is enduring difficult financial times because of the continuing depressed price of crude oil on the world market. This has caused major corporate restructuring and reductions in staff throughout the industry. Because oil exploration must now be done with fewer people under more difficult economic constraints, it is essential that the most effective and efficient procedures be used. Computing Risk for Oil Prospects describes how prospect risk assessment — predicting the distribution of financial gains or losses that may result from the drilling of an exploration well — can be done using objective procedures implemented on personal computers. The procedures include analyses of historical data, interpretation of geological and geophysical data, and financial calculations to yield a spectrum of the possible consequences of decisions. All aspects of petroleum risk assessment are covered, from evaluating regional resources, through delineating an individual prospect, to calculation of the financial consequences of alternative decisions and their possible results. The bottom lines are given both in terms of the probable volumes of oil that may be discovered and the expected monetary returns. Statistical procedures are linked with computer mapping and interpretation algorithms, which feed their results directly into routines for financial analysis. The programs in the included library of computer programs are tailored to fit seamlessly together, and are designed for ease and simplicity of operation. The two diskettes supplied are IBM compatible. Full information on loading is given in Appendix A - Software Installation. Risk I diskette contains data files and executables and Risk 2 diskette contains only executables. The authors contend that the explorationist who develops a prospect should be involved in every facet of its analysis, including risk and financial assessments. This book provides the tools necessary for these tasks.

Economics of Petroleum Exploration, Development, and Property Evaluation

Economics of Petroleum Exploration, Development, and Property Evaluation PDF Author: Institute on Economics of Petroleum Exploration, Development, and Property Evaluation, Dallas, 1961
Publisher:
ISBN:
Category : Petroleum industry and trade
Languages : en
Pages : 248

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Book Description